DNB produces best and worst performing funds in early October


The global equity sector saw the best and worst performing funds for the week ending 5 October 2012, according to figures reported to the Absolute UCITS database.

The top performing fund was the DNB ECO Absolute Return Fund with a return of 4.90% during the reporting week; it was up 0.86% for the year-to-date to September 2012.

At the other end of the spectrum DNB TMT Absolute Return reported a loss of 1.46% over the week and year-to-date through to September 2012 the fund was down 9.20%.  Both funds are run by Oslo-based DNB Asset Management.

Both funds run